not eisenhower. he had the tax story wrong. j.f.k. slashed marginal tax rates from 91% to 70% and that opened the door to a tremendous boom in the 1960s which eventually lbj twittered away. that's the model. not 90% but lower tax rates. >> they will flood out of the country immediately if you have to raise the rates. you cannot go back to that if you wanted to. >> the other thing that is interesting to me, you know, this is -- i'm being very bipartisan tonight. i'm blaming dwight eisenhower. herbert hoover raised the top federal tax rate from 25% to 65%. and fdr kept raising it all the way up to 90%. he raised taxes on businesses. he hated businesses. what do we get? i got a 90% tax rate for the depression. why would i want to emulate that now? >> the other key point is with the income tax up at 90%, that only generated about a third of the revenue that fdr needed iffer the new deal program. things like excise on tires and movies and other things. that's where obama will need to go. no matter how high he raises the income tax rate it